Honda will soon learn whether giving a designer with no engineering experience five years to develop a sports car is pure genius or plain madness. Ryo Mukumoto was 22 and into his third year making mock-ups at Honda's research arm when he beat about 400 other entries in an in-house competition. Honda made him the youngest lead engineer in the company's history and gave him a young team to help translate his ideas into reality....Read More »

PSA/Peugeot-Citroen will only be ready for a possible merger after it has completed its recovery plan, CEO Carlos Tavares told a newspaper, dampening speculation of a potential tie-up with Fiat Chrysler....Read More »

Volvo will spend about $500 million to build its first assembly plant in the United States as part of an ambitious effort to jump-start lagging sales. The automaker is talking to three states on a possible location and plans to start production in 2018....Read More »

In a rare moment of public reflection, Toyota CEO Akio Toyoda marked the company’s unintended-acceleration crisis as the turning point in his career, even as he fretted about being fired....Read More »

Here's a question that will hang over Cadillac's unveiling of the CT6 sedan in New York this week: Why is a brand so badly in need of a sales boost fixated on all that low-volume sheet metal?...Read More »

To say the UAW rank and file's expectations for more pay are high would be an understatement. Delegates at last week's UAW bargaining convention, the unofficial opening of negotiations with the Detroit 3, demanded that the car companies return to workers what they sacrificed before and during the recession....Read More »

Open campaigning for CEO jobs at automakers rarely occurs, but Porsche CEO Matthias Mueller says he’s young and fit enough to be a candidate to succeed Martin Winterkorn as head of Volkswagen Group....Read More »

In reference to Richard Truett's observations about Cadillac, I am dismayed by the humble (defeatist) tone in the latest marketing effort ("De Nysschen, 'Dare' I say, needs a better plan to reconstruct Cadillac's image," March 2). It's a far cry from the old "Standard of the World" posture....Read More »

Fiat Chrysler's retooled certified used-vehicle program is paying off, said Eric Swanson, FCA US senior manager of certified pre-owned vehicle sales. The company added about 150 dealers to the CPO fold in 2014, for a total of 1,404, and expects to add 100 or more this year....Read More »

Sonic Automotive Inc.'s rollout of its customer experience initiative to stores in the Charlotte, N.C., area came slower than expected, in part due to a malfunctioning website. But One Sonic-One Experience is now live at all five Sonic stores in that pilot market, and market share against local same-brand dealerships is rising at three of them....Read More »

Tesla is rushing to expand its network of charging stations across China to assuage range anxiety, add luxury features that suit local tastes and retrain a sales force that CEO Elon Musk previously described as "brain-dead."...Read More »

Vincent Cobee's mission to reintroduce Datsun around the world is a mixture of irony, politics, auto industry counterintuition and a fair amount of raiding the corporate closet for new products. The Frenchman has been tasked by Nissan CEO Carlos Ghosn with re-establishing the brand....Read More »

Low-cost monthly auto leases will become more expensive over the next couple of years, predicts ALG President Larry Dominique. That's because the supply of used light vehicles -- especially those 3 to 5 years old -- returning to the market will rise significantly, lowering used-vehicle prices and residual values to prerecession levels....Read More »

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade.The French supplier said the first applications may reach automaker customers within three years....Read More »

Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. The French supplier said the first applications may reach automaker customers within three years....Read More »

A Tesla executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion....Read More »

Alan Mulally, who retired as Ford CEO in mid-2014, received compensation worth $22 million last year, the company said today in a regulatory filing. His successor, Mark Fields, earned $18.6 million....Read More »